The Ethereum Foundation Commences Shutdown of Ropsten Testnet
The Ethereum Foundation says <a href="https://blog.ethereum.org/2022/11/30/ropsten-shutdown-announcement">in a blog today</a> that the blockchain’s Ropsten test network (testnet) has begun to wind down, with a full shutdown anticipated for sometime between December 15-31.
Phantom Pivots to Ethereum and Polygon To Become a Multi-Chain Wallet
On Tuesday, 29 November, the leading Solana wallet, Phantom, <a href="https://twitter.com/phantom/status/1597597365774749697?t=Pq8aq4lFRYf1q_T9PWu8rw&s=19" target="_blank">announced</a> that it would enable functionality for assets on the <a href="https://ambcrypto.com/polygon-traders-going-short-on-matic-can-watch-out-for-these-levels/">Polygon</a> and <a href="https://ambcrypto.com/reasons-eth-investors-can-be-disappointed-despite-ethereums-latest-milestone/">Ethereum</a> blockchains.
Bitcoin Security Firm Casa Embraces Ethereum
Bitcoin security firm Casa plans to expand its services to Ethereum and Ethereum-based assets, the company announced Wednesday.
Lyra Raises $3m Strategic Round led by Framework Ventures & GSR
Lyra has raised $3m from Framework Ventures and GSR in a strategic round. Lyra will continue to work with respected and capable venture capital partners as the protocol continues building towards the vision of becoming the volatility engine that powers DeFi. <a href="https://www.lyra.finance/">Lyra</a> is a protocol for options liquidity built on Ethereum.
Ethereum Founder Vitalik Buterin Calls Governance Token Speculation ‘Pathological’
Vitalik Buterin has taken a controversial stance on <a href="https://decrypt.co/resources/what-are-governance-tokens-how-token-owners-shape-dao" target="_blank">governance tokens</a>, arguing that governance is not a good reason for such tokens to be treated as “valuable.”
Analysis of the Top-20 Cryptocurrencies by Market Cap
This article contains my opinion on why the top 20 (or top 100) of these indexes don’t present any realistic ranking of cryptocurrencies.
Ethereum Derivatives Look Bearish, but Traders Believe the ETH Bottom Is In
Ether (<a href="https://cointelegraph.com/ethereum-price">ETH</a>) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors' sentiment. Moreover, investors’ mood worsened after <a href="https://cointelegraph.com/news/blockfi-files-for-bankruptcy-as-many-expected-cites-ftx-collapse-for-its-troubles">BlockFi filed for bankruptcy</a> on Nov. 28.
ETH Deflationary Gains Erased Post-FTX Collapse
Ethereum (ETH) recently became <a href="https://cryptoslate.com/ethereum-becomes-most-deflationary-in-history-dropping-to-0-0032/">the most deflationary</a> it had historically ever been amid the FTX collapse, reaching a deflationary percentage of -0.00514%, but as of Nov 29, ETH has lost almost all deflationary gains.
Kiln Raises $17 Million in Series a Funding
Kiln recently announced the conclusion of its Series A funding round. The platform collected over 17 million dollars with the help of names like Illuminate Financial, ConsenSys, Kraken Ventures, GSR, Leadblock Partners, Sparkle Ventures, etc.
Ethereum Layer 2 Network Gas Usage Hits Record Highs
Gas usage on layer 2 networks for Ethereum hit an all-time monthly high. The statistic has grown by roughly 300% year over year.
